[Costs of Saudi Arabia's Neom green hydrogen mega-project soar by $3.5 billion]Budgets for the Neom green hydrogen mega-project, which will tap vast green energy capacity, have soared 70% to $8.5 billion, according to a financial update from co-developer Air Products. Inflation, spare parts, land upfront costs and interest on a $1 billion loan all contributed to the $3.5 billion budget increase the company is developing in the deserts of northwestern Saudi Arabia with partner ACWA Power, a Saudi renewable energy development Merchant and Neom. Editor/Xing Wentao
Recently, the Guangdong Provincial Party Committee has clearly stated that it will focus on the development direction of AI+mechatronics deep integration in the current and future period, and make efforts in mechatronics integration and software hardware coordination, continuously consolidating the foundation of machines, strengthening the advantages of electricity, and deepening the guidance of intelligence. It will strive to build a world-class new mechatronics integration and artificial intelligence trillion yuan industrial cluster, accelerate the transition from a manufacturing province to a manufacturing strong province, and ensure that Guangdong always holds the initiative in the new round of global intelligent manufacturing competition.Editor/Gong Ziwei
On June 29, 2026, the 100000 kW solar thermal power station of CGN Jixi Base, the highest latitude and first solar thermal power plant in Northeast China, was put into operation in Da'an City, Jilin Province, marking a major breakthrough in the application of solar thermal power technology in high latitude and cold regions in China. It provides a replicable and promotable model for the development and construction of solar thermal projects in similar regions of China.Editor/Gong Ziwei